Golden State Foods, Groenz Group form joint venture

Golden State Foods (GSF), a food processor and distributor in the United States, has acquired majority ownership of Groenz Group Ltd., manufacturer of sauces, dressings, condiments, and powders for the quick-service restaurant (QSR) and foodservice industries in New Zealand, Australia, and the Pacific Islands, in a joint venture agreement.

Groenz, a family-owned business for more than 35 years, services a variety of QSR and foodservice industry leaders with an array of products and packaging. It also produces three main brands: French Maid, Kiwi Style, and In-House Systems, sold through its foodservice channel. Groenz offers a selection of condiments ranging from mustards and gravies to marinades and hollandaise sauce in an array of pack sizes. Groenz employs dozens of people in technical, manufacturing, and administration roles as well as a sales team across New Zealand and Australia.

“The Groen family is very happy to have forged this partnership with Golden State Foods. From very small beginnings in the 1970s, the company has grown to a point where we needed a substantial trade partner to further expand, and we found that partner with GSF,” said Fred Groen, Managing Director, Groenz Ltd. “With this new formed partnership, Groenz will have the enhanced resources, market reach, and product offerings to fully reach its potential and continue its commitment to the New Zealand economy as a whole.”